Irish companies raised €288m in 2009, up 18.6% on the previous year according to the Irish Venture Capital Association (IVCA) Venture Pulse Survey.
The VenturePulse survey measures money raised from domestic and international venture capital funds, from the AIB and Bank of Ireland seed capital funds; as well as from Enterprise Ireland and from private angel investors.
But Irelands venture capitalists are concerned that Future Early Stage Funding through bodies like Enterprise Ireland could suffer in government cutbacks, as a result of last year's strong figures for tech funding holding up so well during a tough recession.
To read the full, original article click on this link: Irish Tech Funding Up 20% - ICVA | Irish Developer Network ICT Portal
Author: irishdev
